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Registering a subsidiary in the U.S

Asked by: Arnold - 3 August, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Im from South Africa and run an entertainment business here, I want to open a separate entertainment company in the U.S together with a partner, however i want the U.S company to be owned by the South African company. What do i need to do and what documents do i need to file in the U.S both for the U.S company and the Holding company (South African based)? Thanks.
Answered by: Robert Kowalski - 3 August, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Arnold,

To register the company in the US you only need to supply the legal name of your South African company as the owner of the US company.

There are no documents needed to open a company, but you might be required to obtain an EIN for your South African company in order to file taxes on the income this company derives the dividends distributed by the US company. I would recommend you to consult an accountant for all tax related questions.

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